Director Of Accounting, Underwriting, Capacity, And Technology Solutions (Ucts) Insurance Experience Preferred

Why MSI? We thrive on solving challenges. As a leading MGA, MSI combines deep underwriting expertise with insurer and reinsurer risk capacity to create specialized insurance solutions that empower distribution partners to meet customers' unique needs.

We have a passion for crafting solutions for the important risks facing individuals and businesses. We offer an expanding suite of products - from fully-digital embedded renters coverage to high-value homeowners insurance to sophisticated commercial coverages, such as cyber liability and habitational property - delivered through agents, brokers, wholesalers and other brand partners.

Our partners and customers count on us to deliver exceptional service through a dedicated team that makes rapid resolutions a priority. We simplify the insurance experience through our advanced technology platform that supports every phase of the policy lifecycle. Bring on your challenges and let us show you how we build insurance better.

The Accounting Director will oversee all operational and technical accounting functions within the UCTS segment of the Company, ensuring that all financial information is accurate, recorded timely, and in accordance with US Generally Accepted Accounting Principles (GAAP). This strategic role will be actively involved in potential acquisitions and strategic capacity related projects, with a significant focus on revenue recognition in accordance with ASC 606 or ASC 944, as applicable.

Principal Responsibilities:

• Oversee the operations of the UCTS segment accounting team, including the design of an organizational structure adequate for achieving the department's goals and objectives.

• Manage the month-end and quarter-end close process, ensuring no out-of-period adjustments or late entries.

• Perform financial analysis of monthly and quarterly results against prior year, budget, and forecast.

• Maintain an effective internal control environment; design and implement new controls as necessary.

• Ensure compliance with regulatory reporting requirements, including accuracy of statutory reporting in select instances.

• Contribute to potential acquisitions and strategic capacity related projects by evaluating accounting policies, analyzing financial reports, collaborating with legal and partnership teams during due diligence, and delivering informed insights to management.

• Draft technical accounting memos and policies to support new endeavors; maintain and update accounting policies and memos on a quarterly or annual basis.

• Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.

• Execute on identified opportunities to improve financial reporting processes for efficiency and accuracy.

• Respond to all relevant requests arising from financial statement and carrier audits.

Education, Experience, Skills and Abilities Requirements:

• Bachelor's degree in Accounting, CPA required.

• Minimum of 8 years of accounting experience, with at least 5 years in a management role.

• Strong knowledge of US GAAP, specifically revenue recognition (ASC 606) and insurance company, reinsurance and captive accounting (ASC 944) required.

• Proven experience in financial analysis and reporting.

• Excellent leadership, communication, and interpersonal skills.

• Ability to work collaboratively with internal and external stakeholders.

• Strong analytical and problem-solving skills.

Preferred Skills:

• Experience working in the insurance industry at a public insurance company, reinsurance company, Managing General Agent, or similar is highly preferred.

• Proficiency in NetSuite and Workday Financials highly preferred.

Special Working Conditions:

• Fast-paced, multi-tasking environment.
• Must be able to interact effectively with various levels of management both inside and outside the organization.

Important Notice:

• This position description is intended to describe the level of work required of the person performing in the role and is not a contract. The essential responsibilities are outlined; other duties may be assigned as needs arise or as required to support the Firm. All requirements may be modified to reasonably accommodate physically or mentally challenged colleagues.

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The Baldwin Group will not accept unsolicited resumes from any source other than directly from a candidate who applies on our career site. Any unsolicited resumes sent to The Baldwin Group, including unsolicited resumes sent via any source from an Agency, will not be considered and are not subject to any fees for any placement resulting from the receipt of an unsolicited resume.